L&T wins Rs1,100 crore rail, PowerGrid orders

L&T wins Rs1,100 crore rail, PowerGrid orders
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First Published: Tue, Mar 31 2009. 10 36 PM IST
Updated: Tue, Mar 31 2009. 10 36 PM IST
New Delhi: The country’s biggest engineering company, Larsen and Toubro Ltd (L&T), said it received new contracts worth Rs1,100 crore to build power transmission and railway lines for state-run companies.
Bloomberg
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MindTree to restructure management from Apr
Mumbai: Information technology firm MindTree Ltd said on Tuesday it will restructure business operations and its senior management team from 1 April as part of its growth plans.
Chief executive officer Krishnakumar Natarajan will take on the additional responsibility of managing director (MD), a position vacated by Ashok Soota, who is also chairman of the firm, the company said in a statement.
Soota will now assume the role of the company’s executive chairman, the statement added.
MindTree has also organized its businesses into the following five divisions—IT services, product engineering services, infrastructure management and technical support, independent testing and the newly created knowledge services.
Reuters
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First Published: Tue, Mar 31 2009. 10 36 PM IST